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20 February 2025 | 3 replies
Went on to purchase additional rentals so tenants can pay down the loan and I build equity How did you find this deal and how did you negotiate it?
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2 February 2025 | 14 replies
Depending on your current rate or if the current loan is short term or long term.
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7 February 2025 | 1 reply
While you should always consult a CPA and/or attorney for their professional advice, here's my 3 cents (I'm sure others will chime in as well):1) Having an LLC may make it "easier" to track but it's not needed in this situation as you can run this through your personal return just as well.
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13 February 2025 | 23 replies
Once you’ve built capital, transition to small multifamily units using DSCR loans for steady cash flow.If you need help analyzing deals or securing funding, let me know.
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3 February 2025 | 4 replies
I think you would be wise to sell and use the VA loan for your new home.
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3 February 2025 | 4 replies
Explore FHA loans and mentorship opportunities from experienced investors.
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31 January 2025 | 8 replies
Here's a little background on Tenant situation...has 2 or 3 young kids, an adult sister, an aunt with her male friend and the lessee has a male friend, that all appears to live in the apartment but aren't on the lease.
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12 February 2025 | 8 replies
You can finance it with an FHA loan (3.5% down) or a conventional loan (5% down) if you plan to live in the property.
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28 January 2025 | 16 replies
It was also difficult to assess the heating situation after repairs since tenant refused to provide key to access unit for repairs and/emergencies, citing “privacy and safety” concerns.
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6 February 2025 | 1 reply
Through a hard money lender, but I will take out a DSCR loan in March to refinance.